RBC Canadian T-Bill Fund

Fund code: RBF262

Who is this fund for?

Investors who:
  • want current income and prefer an investment that preserves their capital
  • are looking for a liquid, short-term investment

Portfolio manager(s)

John Luke Stedman, CFAPortfolio Manager, Global Fixed Income & Currencies

Details

Risk rating
  • Low
  • Low to med
  • Med
  • Med to high
  • High
Series
A
NAV $
10
4/10/2025
Inception date
25/01/1991
Net asset $
344.09 M
4/9/2025
MER %
0.35
Management fee %
0.30
Income distribution
Monthly
Capital gains distribution
Annually
Fund category
(CIFSC)
Canadian Money Market
Load structure
No Load
Minimum investment $
500
Subsequent investment $
25
Sales status
Open

Performance

Trailing returns %

As of 3/31/2025
YTD1 mo3 mo6 mo1 yr3 yr5 yr10 yrIncept.
Fund 0.750.240.751.693.973.702.281.482.47
Quartile 2nd2nd2nd2nd2nd2nd2nd2nd-
No. funds in category 228228228228217188171136-

Calendar returns %

As of 3/31/2025

Chart

Bar chart with 11 bars.
This chart shows calendar returns for the fund RBF262
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.10252499999999999 to 4.429145999999999.
End of interactive chart.

Growth of $10,000

As of 3/31/2025

Chart

Combination chart with 2 data series.
This chart shows calendar returns for the fund RBF262
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
YTD6m1y3y5y10yAll
End of interactive chart.

Highest/lowest returns (%)

As of 3/31/2025
1 yr3 yr5 yr10 yr
EndedReturnEndedReturnEndedReturnEndedReturn
Highest01-19928.501-19946.301-19965.901-20014.8
Lowest08-20210.109-20170.309-20170.411-20180.5
Average-2.4-2.2-2.1-2.0
No. of periods-399-375-351-291
% positive-100.0-100.0-100.0-100.0
*Highest/lowest returns (%) is based on data since inception of the fund.

Portfolio analysis

Asset type mix

As of 2/28/2025

Chart

Pie chart with 7 slices.
This chart displays asset mix data for the RBC fund RBF262
End of interactive chart.
0.0% Equity 100.0% Fixed Income / Cash

Fixed income breakdown

Provincial bills100.0%
Bank deposits0.0%
Commercial paper0.0%
Bankers acceptance0.0%
Treasury bills0.0%

Portfolio characteristics

0 - 30 days28.3%
31 - 60 days25.5%
61 - 90 days16.2%
90 + days29.9%
Current yield†3%
Avg. term to maturity (days) 82

†The current yield is an annualized yield based on the seven day period ended as of the date of the Performance Analysis.

Top 10 holdings

As of 2/28/2025
Holdings Assets
Province of Alberta Canada Apr 17, 20254.5%
Province of New Brunswick Canada May 01, 20253.7%
Province of Quebec Canada Mar 14, 20253.7%
Province of Nova Scotia Canada Mar 13, 20252.9%
Province of New Brunswick Canada Apr 03, 20252.7%
Province of Alberta Canada Apr 15, 20252.7%
Province of Alberta Canada Mar 04, 20252.4%
Ontario T-Bill Apr 16, 20252.2%
Province of New Brunswick Canada Apr 24, 20252.1%
Province of Manitoba Canada Mar 26, 20252.1%
Total % of top 10 holdings 28.9%

Distributions

Distributions ($)/unit

As of 3/31/2025
YTD *2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest -0.430.430.160.010.050.140.110.040.020.03
Canadian dividends -----------
Foreign income -----------
Foreign taxes paid -----------
Capital gains -----------
Return of capital -----------
Total distributions 0.050.430.430.160.010.050.140.110.040.020.03

* Distributions are characterized into income type at year-end.

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